Deep Water Point Homes with Back Yard Lot description

Welcome to Deep Water Point, a hidden gem nestled in the heart of Nevada, Texas, within the picturesque Collin County. This charming subdivision offers a perfect blend of tranquility and modern living, making it an ideal choice for families and individuals looking to settle down in a serene environment.

Deep Water Point is characterized by its spacious homes, each thoughtfully designed to provide comfort and style. One of the standout features of this community is the abundance of homes with generous backyard lots. Imagine stepping out into your own private oasis, where you can enjoy morning coffee under the sun, host summer barbecues with friends, or create a peaceful garden retreat. These expansive yards provide the perfect canvas for outdoor activities, whether it's building a play area for the kids or setting up a cozy fire pit for evening gatherings.

The subdivision is conveniently located, offering easy access to nearby amenities, including shopping, dining, and recreational facilities. Residents can take advantage of the beautiful Texas landscape, with parks and lakes just a stone's throw away, perfect for weekend adventures or leisurely strolls.

In Deep Water Point, community spirit thrives. Neighbors become friends, and families create lasting memories in this welcoming environment. If you’re searching for a place that combines spacious living with the charm of small-town life, look no further than Deep Water Point. Your dream home awaits!

Newest Deep Water Point Homes with Back Yard Lot description

$950,000

6 Beds ⋅ 7 Baths ⋅ 21228583 MLS

Lakefront retreat, income opportunity, and private escape all in one property located less than an hour from Dallas on the shores of Lake Lavon. This unique property offers flexibility for personal use, investment, or multi-generational living with multiple possible income strategies. Currently operating with strong short-term rental appeal, the property has potential for six-figure gross annual STR income depending on occupancy and management. The flexible layout may also work well for mid-term rentals, long-term rentals, house hacking opportunities, rent-by-the-room concepts, corporate retreats, group retreats, or hybrid owner-occupant investment strategies. Designed for gathering and entertaining, the property features expansive outdoor spaces, lake views, multiple living and sleeping areas, updated finishes, hot tub, firepit area, and large common spaces ideal for hosting guests or extended stays. Opportunities like this near DFW are becoming increasingly rare as development and growth continue around Lake Lavon. Whether you're searching for a waterfront residence, weekend getaway, Airbnb investment, or flexible income-producing property, this one offers options difficult to find in today’s market. Seller is open to discuss owner financing.

7404 County Road 964, Nevada

$369,000

3 Beds ⋅ 3 Baths ⋅ 21187165 MLS

Just yards from the shoreline on the Deep Water Point peninsula of Lake Lavon, this updated 1.5-story ranch offers a rare combination of lifestyle, flexibility, and accessibility—including a potential 0% down USDA financing opportunity for qualified buyers (subject to lender approval). With water views from sunrise to sunset and close proximity to Little Ridge Park, this home brings the feel of lake living within reach—without the premium price point typically associated with waterfront properties. Inside, the home features 3 bedrooms, each with its own private ensuite bath—a layout that’s increasingly hard to find and ideal for everyday living, hosting guests, or creating separation of space when needed. The open-concept design connects the living, dining, and kitchen areas, filled with natural light and finished in a clean, modern coastal style. The kitchen serves as the centerpiece, complete with stainless steel appliances, stone countertops, farmhouse sink, herringbone backsplash, and a large center island with built-in seating—designed for both daily use and gathering. The primary suite on the first floor offers a spa-like retreat with a modern vanity, stone countertops, and a glass-enclosed shower with marble-style finishes. Upstairs, a private suite with its own exterior entrance and balcony adds another layer of versatility—whether for guests, workspace, or additional living flexibility. Outdoor spaces extend the experience with covered porches, a spacious backyard, hot tub, grill dock, and perimeter privacy fence—providing multiple areas to relax or entertain. Located outside city limits with no HOA, the property offers additional flexibility for full-time living, weekend use, or long-term investment potential.

7431 County Road 964, Nevada

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